The "confirmatory memorandum" exception to the UCC's statute of frauds provision:
A) requires that the memorandum be signed by the party to be bound.
B) requires that the memorandum be sent within ten days after the contract is made.
C) applies even though the memorandum does not satisfy the UCC's writing requirement.
D) requires that both parties to the contract be merchants.
Correct Answer:
Verified
Q50: Whose signatures are needed in order to
Q52: Bruce told Adam that he was selling
Q55: If it is not indicated in the
Q56: The Uniform Commercial Code changed the traditional
Q59: The marriage provision in the statute of
Q61: A written agreement was signed by two
Q62: Davis owes a $5 million debt to
Q63: Jones goes to a clothing store and
Q64: A merger clause is also known as
Q83: Arnold promised to sell his car to
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents